Japan's GDP inched up 3% in Q2

Business spending grew 3.1%.

The gross domestic product (GDP) of Japan expanded 3% YoY in Q2 2018, the country’s Cabinet Office revealed.

The Q2 GDP was well above the 2.6% GDP forecast and was a 1.4 ppt increase from the 1.9% GDP growth in Q1.

Based on an annualised seasonally adjusted basis, GDP grew 0.7% which is in line with expectations.

Japan’s private consumption also recorded a 0.7% increase which is unchanged from the previous reading. Meanwhile, business spending inched up 3.1% QoQ which beat the 2.8% forecast.

Based on data from the Bank of Japan, overall bank lending grew 2.2% YoY to US$4.75t (JPY526.9t) which is up 2ppt from the 2% increase in July.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

Specialty chemicals manufacturing facility on Jurong Island for sale

The fully equipped facility is clean and ready to be recommissioned.

Commercial Property

8 hours ago

September surge masks looming export slowdown to 6% in 2027

Maybank raised its 2026 forecast to 27% from 18% in the same report.Non-oil domestic exports (NODX) growth could slow to 6% in 2027 as supply chain pressures and higher financing costs weigh on shipment momentum, Maybank Research Pte Ltd said.

Economy

12 hours ago

Nearly half of workers report six or more unpaid hours a week, report says